Changing an address on bank account gets easier

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Changing an address on bank account gets easier

Koreans and foreigners can now change their home or office address on a bank or other financial services account by contacting a single company.

According to the Financial Supervisory Service Monday, all financial companies in Korea reached an agreement with the FSS and launched a one-shot address revision service. The participating companies include major commercial banks insurers, card companies, savings banks and securities firms.

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